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Štefek (PwC): Non-financial/ESG reporting (Environmental, Social, Governance; sustainability report) concerns 1,200-1,300 companies in Czechia (mainly large corporations purchasing new cars usually on operational leasing), many of them just getting to know issue of sustainability reporting (according to CSRD directive, start of effectiveness in 4 waves in 2025-2029, impact also on small and medium-sized enterprises/SMEs in subcontracting chain as part of calculation of carbon footprint of large enterprises) and is not yet significantly reflected in sales of electric vehicles (BEVs)
October 22, 2024 | 09:58am CETflashread more
Quality Days 2024: Czech Society for Quality (ČSJ) to hold conference on modern approaches in quality, improvement in Prague, Czechia on November 12 with separate section 'Quality in automotive industry'. Representatives of Škoda Auto, Bentley Motors, KION Stříbro, Cognexa, NQA, DQS Slovakia, VDA, ČAUI (Czech Association of Artificial Intelligence) to speak at event
October 22, 2024 | 09:53am CETflashread more
Stellantis extended production suspension of Fiat 500e BEV (September 13 – October 11) in Turin, Italy (Mirafiori plant) until November 1, due to continued weak demand. However, carmaker confirmed that it intends to invest EUR 100 million to equip model with more-performance battery
October 22, 2024 | 09:48am CETflashread more
National Development Bank (NRB) accepted 5,907 applications for 6,140 electric vehicles (5,946 passenger cars, 191 light commercial vehicles, 3 trucks), 2,696 charging stations in Czechia during almost seven months (30 weeks, March 18 – October 14) of duration of Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Bank concluded 4,581 guarantee contracts, approved another 237 applications, now assessing 1033 applications. Greatest interest is in Tesla cars (2,593 vehicles), followed by Volkswagen (569), Volvo (541), Škoda (533), BMW (288), MG (277), Mercedes (182), Hyundai (158), Kia (119) and SsangYong (104). Of total volume of allocated resources (CZK 1.95 billion/EUR 79 million for BEVs/FCEVs, chargers), 100% currently reserved, NRB paid out CZK 335.4 million (EUR 13.3 million) so far. However, these are not final results of programme, as registration of applications that NRB received before end of receiving applications continues, bank added
October 21, 2024 | 08:55am CETflashread more
Hydrogen Technology/Carbon Capture Expo Europe 2024: Representatives of Hyundai Motor Company, Airbus, ABB Energy Industries, AFRY, Air Liquide Engineering & Construction, Aramco, BASF Process Catalysts, Bilfinger, Capgemini Engineering, Cellcentric, CibusCell Technology, Dassault Systemes, DuPont Water Solutions, EnBW, E.ON Energy Projects, Everfuel, ExxonMobil Low Carbon Solutions, EY, Fraunhofer ISE, GE Vernova, GKN Hydrogen, Henkel, Holcim, Honeywell UOP, Horiba FuelCon, IBM Consulting, IdTechEx, KPMG, LBBW, Linde Engineering, Mitsubishi Corporation, Parker Hannifin, PwC Strategy&, Ricardo, Rockwell Automation, Schneider Electric, Shell Global Solutions, Siemens Energy, ThyssenKrupp Automation Engineering/Uhde, Trelleborg Sealing Solutions, TÜV Nord EnSys, Zeppelin Power Systems, eFuel Alliance, EBRD, EC (European Commission) to speak at conference on technologies for hydrogen, fuel cell and CCUS/CCS (carbon/CO2 capture, utilisation & storage) industry in Hamburg, Germany (October 23-24). Event divided into six thematic sessions – Strategic Forum, Hydrogen Production, Systems Integration & Infrastructure, Fuel Cell Design, Development & Manufacturing, E-Fuels & Hydrogen Propulsion, Carbon Capture, Utilisation, Storage & Blue Hydrogen
October 21, 2024 | 08:49am CETflashread more
GlobalData: Global new light vehicle sales down by 3.6% to 7.55 million in September, up by 0.4% to 63.77 million in Q1-3 (Western Europe -4.1% to 1.18 million, +1.1% to 10.08 million; Eastern Europe including Turkey and Russia +10.2% to 398,685, +17.4% to 3.36 million)
October 21, 2024 | 08:42am CETflashread more
Traction Battery Watchdog: Devinn (development company with 160 employees in Jablonec nad Nisou and Mladá Boleslav, Czechia; turnover over CZK 250 million/EUR 10 million) developed device for continuous monitoring of internal safety parameters of traction battery during storage and series production of electric vehicles (EVs), allowing continuous monitoring of values and alarm declaration (fire department, SMS, PCO) in case of exceeding limits. Compared to conventional thermal camera monitoring, Watchdog significantly increases time to react to safety risk. First customer is Škoda Auto with its plants in Mladá Boleslav and Kvasiny, Czechia
October 18, 2024 | 10:49am CETflashread more
Hydrogen Technology/Carbon Capture Expo Europe 2024: More than 800 exhibitors, including 3M, ABB, AGC Chemicals, AIP Automotive, Air Liquide, Air Products, Atlas Copco, BASF, Bibus, Bilfinger, Bosch, ContiTech, Cylinders Holding, Daido Steel, Donaldson, Dräger, DuPont, E.ON Energy Projects, ElringKlinger, Engie, Evonik, Freudenberg, GKN, Henkel, Hexagon Purus, Honeywell, Horiba, Ingersoll Rand, Kamax Automotive, Kawasaki Gas Turbine, Kyocera AVX Components, Linde Engineering, MAN Energy Solutions, Mann+Hummel, Mitsubishi Heavy Industries, Mitsui, Nippon, Parker Hannifin, Rheinmetall, Röchling, Schaeffler, Schneider Electric, Senior Flexonics, SIAD, Siemens, Sumitomo, SVÚM, ThyssenKrupp Automation Engineering, Toyota Motor Europe, Toyota Tsusho, Trelleborg Sealing Solutions, TÜV Nord, TÜV Süd and Voestalpine, to join exhibition on technologies for hydrogen, fuel cell and CCUS/CCS (carbon/CO2 capture, utilisation & storage) industry in Hamburg, Germany (October 23-24)
October 18, 2024 | 10:38am CETflashread more
Battery Value Chain as Opportunity: Czech Battery Cluster (ČBK), Central Bohemian Innovation Center (SIC), CzechInvest to hold in Prague on October 21 seminar on comprehensive view of battery ecosystem in Czechia. Event connects Czech universities, state administration, private sector with aim of strengthening cooperation in field of production, recycling, use of batteries. Representatives of Zebra Group, REMA Battery, Kovohutě Příbram, H Test (Htest), EcoTech Hub, Czech E-mobility Platform, VŠCHT, UCEEB ČVUT to speak at seminar
October 17, 2024 | 08:50am CETflashread more
Sales (deliveries to customers) of Volkswagen Group down by 7.1% in Q3, by 2.8% to 6.52 million in Q1-3 (VW -6.6%, -2.5%; Škoda +6%, +4.5%; SEAT+Cupra -4.4%, +7.7%; VW Commercial Vehicles -11.8%, +3.6%; Audi -16%, -10.9%; Bentley -35.6%, -26.6%; Lamborghini +18.7%, +8.6%; Porsche -7%, -6.9%; MAN -29.4%, -18%; VW Truck & Bus +28.4%, +20.5%; Scania +1.6%, +9.3%; International Motors/Navistar +40.5%, -2.1%). Competitive situation in China is particularly intense (Q1-3: -232,500), which is main reason for global decline in our deliveries (-191,100), Schubert said. Sales excluding China up by 0.9% (+41,400) to 4.47 million units
October 17, 2024 | 08:42am CETflashread more
National Development Bank (NRB) stopped accepting applications for Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs) on October 14 at 2:30pm, as allocated resources (CZK 1.95 billion/EUR 79 million for BEVs/FCEVs, chargers) were used up in almost seven months (30 weeks, March 18 – October 14). Support for electromobility continues in coal regions of Czechia (Moravian-Silesian Region, Ústí Region, Karlovy Vary Region), where NRB provides interest-free loans to small and medium-sized entrepreneurs as part of Transformation programme (CZK 500,000 to 100 million/EUR 20,000 to 4 million, maturity up to 10 years) for purchase of electric vehicles intended for delivery, service and other similar purposes
October 17, 2024 | 08:31am CETflashread more
National Development Bank (NRB) accepted applications for 5,631 electric vehicles, 2,427 charging stations in Czechia during more than six and half months (29 weeks, March 18 – October 7) since launch of Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Of total volume of allocated resources (CZK 1.95 billion/EUR 79 million for BEVs/FCEVs, chargers), 90% (CZK 1.75 billion/EUR 70 million) currently reserved, NRB paid out CZK 298 million (EUR 11.8 million) so far
October 16, 2024 | 10:31am CETflashread more
Vehicle Segment
Schaeffler plant in Germany hit by explosion
May 16, 2017 | 11:32pm CEToriginalA total of 13 people were injured. Location, products, influence on production and surroundings...
read moreWannaCry: Renault and Nissan hit by cyber attack
May 16, 2017 | 11:07pm CEToriginalBoth carmakers were forced to stop production in some European plants. Locations, a comment by Europol, MalwareTech and Avast...
read moreJuricek (AutoSAP, Brano): Automotive companies in Moravian-Silesian Region need to take on 2,000 people
May 16, 2017 | 12:42am CEToriginalThe lack of workers often prevents them from increasing production. Recruitment of foreigners, retraining program for miners, cooperation with schools, school system in the Czech Republic and Germany...
read moreCar sales in China fell by 2.2% in April
May 15, 2017 | 10:53pm CEToriginalIt has showed the sharpest drop over the past 20 months. The increased tax on small cars, registrations for 4 months...
read moreBlume: Volkswagen does not plan to sell Bentley and Bugatti
May 14, 2017 | 10:57pm CEToriginalThe next fate of these exclusive brands began being speculated after the report that the German carmaker was considering selling Ducati...
read moreUS car sales down by 5% in April
May 14, 2017 | 10:28pm CEToriginalResults of GM, Ford, Toyota, FCA, or Volkswagen...
read moreSycorex facility in Czech Rep hit by fire
May 12, 2017 | 12:03am CEToriginalNobody was injured. The location, cause of fire, extent and amount of damage...
read moreCSU: Car prices in Czech Rep up in April 2017
May 11, 2017 | 11:45pm CEToriginalBoth new and used cars, as well as motorcycles, became more expensive. Price increases for service works and spare parts, detailed data, year-on-year development...
read moreTUV Sud and UAMK established cooperation in Czech Rep
May 10, 2017 | 11:10pm CEToriginalContent of the partnership, common communication activities, timing...
read moreEssens expands BMW car fleet
May 10, 2017 | 10:25pm CEToriginalAs a benefit, this Czech MLM firm also offers associates Peugeot cars. Models, numbers of cars, supplier-dealer, timing, operating lease…
read moreTatra upgrades production line, increased production plan for 2017
May 9, 2017 | 11:54pm CEToriginalIn connection with this, the company needs to take on dozens of new employees. Details, demanded professions...
read moreSkoda Auto allegedly plans at least two products with Indian partner
May 9, 2017 | 11:16pm CEToriginalThe models concerned, timing, a recently signed memorandum of understanding...
read moreMedea Research adjusted methodology in statistic of new car and van registrations in Czech Rep
May 8, 2017 | 11:57pm CEToriginalNew and previous status, timing, declared reasons...
read moreCar sales in UK dropped by 19.8% in April
May 8, 2017 | 11:30pm CEToriginalThe biggest fall over the last six years, reasons, interest in conventional drives, registrations for 4 months, commentary and outlook of SMMT, state control of responsible financing...
read moreSDA: New car registrations in Czech Rep down by 1.7% in April
May 5, 2017 | 01:47am CEToriginalThe fall was mitigated by Toyota, Ford, Renault, Mercedes or Nissan. Influence of Easter, development in commercial vehicles, results for 4 months, commentary and outlook of PwC...
read moreSkoda Auto and unions agreed on new collective agreement in Czech Rep
May 4, 2017 | 11:49pm CEToriginalReduction of overtimes within flexible account shifts, extension of thermal breaks, increase in bonuses and bonus, payment of wages in the event of illness, investment in working conditions...
read moreMedea Research: New car sales in Czech Rep rose by 1.4% in April 2017, registrations dropped
May 3, 2017 | 11:29pm CEToriginalSales growth was driven by Toyota, Renault, Mercedes, Nissan and Skoda. Dacia was not successful. Developments in vans, a drop of special-purpose registrations, results for 4 months...
read moreNADA: Car sales in US to fall by 2.5% in 2017
May 3, 2017 | 11:13pm CEToriginalHowever, the views on the development of the US car market vary. AlixPartners also counts with a fall, Ford with a growth...
read moreBosch to sell starters division
May 2, 2017 | 11:57pm CEToriginalThe transaction still has to be approved by antitrust authorities. Buyers, price, profile of the division...
read moreDieselgate: French prosecutors begun to investigate PSA
May 2, 2017 | 09:58pm CEToriginalThe carmaker should be investigated for consumer fraud. The company denies any fault...
read moreThe Chamber od Deputies supported fee renewal for uninsured cars in Czech Rep
May 1, 2017 | 11:49pm CEToriginalIf the deputies manage to discuss the proposal before elections, the Senate will have it. The attitude of the government to the amendment...
read moreToyota to maintain US investment framework for next 5 years
May 1, 2017 | 11:35pm CEToriginalPlanned volume of funds, redesigning of the Georgetown plant, factory production in 2016, HR, new generation of the Toyota Camry...
read moreSales of Volkswagen Group rose by 2.5% in March
April 30, 2017 | 11:56pm CEToriginalFirst growth after two months of decline, demand in individual markets, decline in China, increase in most brands, results in Q1, comment...
read moreSDA: 224 HEVs and 45 EVs registered in Czech Rep in March
April 30, 2017 | 11:49pm CEToriginalThe registry also newly includes 264 CNG-powered vehicles and 144 LPG cars. Leaders of alternative drives, results in Q1...
read moreVolkswagen allegedly considers selling Ducati
April 28, 2017 | 01:21am CEToriginalThe carmaker commissioned a consulting firm to assess how to handle Ducati. Reaching potential buyers...
read more
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